VOICES FROM AROUND AMERICA

“We view the proposed merger as a complementary asset to the work we do, as it will be an investment in people, in business, and in innovation… A 5G network offers a lower-cost option that matches fixed lines in speed and access—and represents the first real opportunity to bridge the digital divide for disadvantaged communities.
– Michelle Merriweather, President & CEO, Urban League of Metro Seattle

“NENA does not typically comment in [merger] proceedings, but chooses to do so in this proceeding simply because of the work that T-Mobile is doing in the 9-1-1 space. Such work, if carried over to the combined companies, will benefit T-Mobile customers when dialing 9-1-1 from their mobile devices.”
– Brian Fontes, PhD, CEO NENA, the National Emergency Number Association

“The merger of T-Mobile with Sprint will help rural communities by expanding access to high-speed internet. The accelerated deployment of a 5G network will deliver important public interest benefits to rural communities…The 5G network that T-Mobile has proposed to deploy following its merger with Sprint would provide […] dependability and will allow our members to benefit from the ongoing technological revolution in ‘smart agriculture.’ “
– Ryan P. Klobas, CEO, Napa County Farm Bureau

“T-Mobile has long forced AT&T and Verizon to lower prices and make other improvements, such as restoring the unlimited data plans they had abandoned. Consumers should expect more of the same from T-Mobile after the merger.”
– Berin Szoka, President & Founder, TechFreedom

“In this day and age, it’s rare for elected officials from our two parties to agree on anything, so it is reassuring when we find common ground on something that has the potential to serve our constituents, protect the marketplace and benefit our nation…. [W]e encourage policymakers and regulators to approve the T-Mobile-Sprint merger.”
– State Attorney General for New Mexico, Hector Balderes, State Attorney General for Utah, Sean Reyes

“Ultimately, a stronger and more affordable third network, run by leaders with a strong track record of openness towards partnering with new entrants, will provide the necessary foundation for the development and delivery of next-generation mobile products and services.
Republic Wireless supports the merger of T-Mobile and Sprint because healthy competition in the wireless industry is driven far more by strategy, openness, and economics than just the number of national facilities-based carriers.”
– Chris Chuang, CEO, Republic Wireless

T-Mobile CEO John Legere Commits to Lower Prices for Consumers

“Everyone will benefit from this increased competition, but especially rural communities. They often have just one high-speed broadband option. With the New T-Mobile network, we will create robust competition and grow share with a competitive wireless broadband alternative. (New York Times, May 10, 2018)

Former U.S. Rep. Waxman: “The Sprint-T-Mobile Merger Will Benefit Californians"

“As a member of Congress, I always studied proposed mergers with a critical eye. In my 40 years as a U.S. Representative, including my time as chairman of the Energy & Commerce Committee, I worked to protect California consumers. This led me to oppose concentrations of power, especially if such actions would lead to less competition, higher prices, or lower-quality products. But after working with and for T-Mobile and after studying the merits of this transaction, I can say with confidence that the Sprint-T-Mobile merger will benefit Californians.”

The T-Mobile-Sprint Merger Will Help Close The Technological Divide Currently Present In California: Former President Clinton Advisor

“Our state is long overdue to upend the telecommunications status quo. We are only as strong as our most vulnerable communities, and there are currently far too many Californians on the wrong side of the technological divide. We need to bridge that gap fast, as it is key to the economic growth of our state and the well-being of our residents. A stronger competitor in the wireless marketplace, with the ability to speed up 5G investment, will help make that happen.”

Former Massachusetts and Washington Attorneys General Support T-Mobile-Sprint Merger

“In today’s dynamic market for broadband internet — where the advent of 5G technology promises to transform and expand consumer options — scale is critical to competition. The proposed merger of T-Mobile and Sprint is a case in point. The reason why we support this merger — and, in fact, why we joined the T-Mobile advisory team — is that it will create substantial consumer benefits by giving the combined company the spectrum, assets and scale to more effectively challenge larger players.”

Martha Coakley & Rob McKenna Op-Ed, “T-Mobile-Sprint Is A Different Merger For A Different Era," The Hill, 1/15/19

Talk More Wireless CEO: New T-Mobile Will Bring Affordable 5G to Americans Everywhere

“With plans to invest nearly $40 billion within the first three years of the merger and bring a nationwide 5G network sooner than otherwise possible, the New T-Mobile will push AT&T and Verizon to do the same. As the New T-Mobile develops a nationwide 5G footprint on a faster timetable, dealers like Talk More Wireless will be there to help rural and cost-conscious Americans reap the benefits. T-Mobile’s record of bringing mobile broadband to underserved Americans speaks for itself, and I can’t wait to see the great things that T-Mobile and Sprint can do together.”

“Together, however, T-Mobile and Sprint would have the requisite size, money, and spectrum licenses to compete with Verizon and AT&T in pushing forward the industry’s technological capabilities. By allowing the two carriers to join forces, the FCC and the DOJ would empower a third, robust competitor to vie with telecommunication’s front-runners. In that race, cellular customers win.”

“The new T-Mobile will bring us the first nationwide 5G network, modernize our economy, expand rural access, and provide affordable broadband options to Mainers. As Maine’s public advocate, I support this merger so the new T-Mobile can bring us into the 5G future and benefit consumers in Maine and across the country.”

Barry Hobbins, Maine Public Advocate and former member of the Maine House of Representatives and the Maine Senate, “T-Mobile merger could be a gamechanger for broadband connectivity,” Bangor Daily News, 8/27/18

Draper Area Chamber of Commerce President Believes New T-Mobile Will Benefit Every American

“…Rarely do we have the opportunity to voice our support for something that would impact virtually every American. The merger between T-Mobile and Sprint provides us with this opportunity. This merger will bring faster internet speeds and increase access to people and communities across the country.”

William Rappleye, president and chief executive officer, Draper Area Chamber of Commerce, “Guest opinion: The T-Mobile and Sprint merger is what we need,” Deseret News, 8/26/18

“Everyone should be able to choose their doctor, and this is especially consequential for LGBTQ Americans in rural communities. Expanded choice doesn’t end there—the New T-Mobile’s 5G network will force AT&T and Verizon to respond, which means even more investment in rural 5G infrastructure, more access to telehealth, and lower prices for customers.”

Chris Wood, Executive Director, LGBT Technology Partnership (9/17/18)

Former Florida Public Service Commissioner: Florida Businesses to Gain from T-Mobile-Sprint Merger

“Indeed, the next-gen mobile network resulting from the merger can be harnessed to create additional business opportunities in the Sunshine State. Wireless technology is an essential tool for all businesses and through the power, speed and reliability of 5G networks, our businesses can flourish…5G networks not only mean more robust economic development, but stronger and broader educational options, enhanced public safety, and greater access to health care for our communities.”

National Diversity Coalition Collaborates with New T-Mobile on Diversity, Community Investment and Low-Income Wireless Initiatives

“The MOU ‘demonstrates T-Mobile’s commitment to best practices in corporate social responsibility and earns them the opportunity to prove that their proposed merger with Sprint would bring value and benefit to consumers throughout California … NDC looks forward to a great partnership with T-Mobile that will set a new standard in collaboration between community-based organizations and corporate America.’”

[USHCC] strongly believes that the T-Mobile-Sprint merger will create economic opportunities for Hispanic businesses, and will enable more Hispanic people than ever before to compete in the modern economy. The New T-Mobile’s speed, capacity and, above all, true nationwide 5G coverage, will support entrepreneurship, innovation and economic growth within the Hispanic community, helping create and sustain prosperity for Hispanic business owners to the benefit of the American economy.

“Approval of this merger will, among other things, lead to expanded rural access to high-speed Internet and expanded broadband, […] launch the broader deployment of 5G infrastructure and would stimulate job growth and community investment in Vermont and across the country.”

Lisa M. Ventriss, President

Nonprofit CEO: “A Merger With Dividends For Military And Veterans”

“Washington state has long been home to a vibrant tech sector, with T-Mobile as a major player in that industry. Nationally, we’re beginning to slip behind other countries when it comes to 5G deployment. This merger will get us back on track to lead on 5G, just like we’ve led other technology advancements. I’m looking forward to see what the new T-Mobile can do, and I appreciate all that they are doing for veterans.”

Michael Schindler, CEO of Military Family Cares

(The Herald, August 7, 2018)

“In an industry as capital intensive as mobile broadband, scale is the name of the game…The opportunity to have three healthy, roughly equal-sized competitors fighting it out to deploy 5G should be a welcomed development for the U.S. economy. A combined firm means not only a more efficient build-out of next-generation networks, but a more dynamic future for the converging broadband, media, and video ecosystem.”

“Only the T-Mobile/Sprint merger is primarily about 5G. And only that merger will bring the competition necessary to bring more 5G to both urban and rural America.”

John Feehery, Political Commentator & Founder of the Feehery Group

Wall Street Journal: Why Being First in 5G Matters

The Ubers, the Airbnbs, the Netflixes of the world came about because of 4G,” says Rob McDowell, a Republican former Federal Communications Commission commissioner. “No one foresaw the app economy coming. What’s exciting about 5G is that nobody can really fathom what’s going to happen.”

Being slow to 5G, he says, would put “the U.S. at a competitive disadvantage globally.”

Rob McDowell, former Federal Communications Commission commissioner

(The Wall Street Journal, September 12, 2018)

Crown Castle CEO Says Combination Supports U.S. 5G Leadership

“The combination of these two smaller nationwide wireless providers will advance the national priority of fast-tracking 5G deployment and create a company with the spectrum and other necessary resources to help the U.S. win the global race for 5G leadership. We anticipate that, in addition to consumers and enterprise consumers, Crown Castle and other companies throughout the mobile wireless supply chain can benefit from New T-Mobile’s investment in its next-generation wireless network.”

“Only by combining would there be a third player with the scale and resources to compete effectively in 5G, which requires a huge investment in technology and an even bigger commitment to winning over local opposition.”

“In the final analysis, there is no good reason to block this merger, one of the few such deals that could actually increase competition.”

(May 1, 2018)

Wall Street Journal Editorial Board Supports T-Mobile/Sprint Merger

“On-again-off-again wireless couple Sprint and T-Mobile have agreed to a $26 billion merger, which by all indications would benefit customers and promote competition. Regulators broke up the union four years ago, but the Trump Administration should give its blessing.”

“Consolidation in an industry with high fixed costs is probably inevitable but shouldn’t worry regulators since the market is dynamic. Comcast has rolled out a wireless service with Verizon Wireless. AT&T intends to provide wireless service to homes. Dish Network has been hoarding spectrum that could be used for a proprietary network or in a partnership. A T-Mobile-Sprint condominium would make the market more competitive.”

“By joining forces with T-Mobile, we’ll have the scale and resources to provide U.S. consumers and businesses with more choice, more competition and lower prices in key underserved areas — including rural communities, home broadband and business and government wireless services.”

“Two American companies, Sprint and T-Mobile—both of which are already investing in 5G technology—just announced their intentions to merge, a move that will significantly accelerate 5G deployment and be a boon to American innovators. (I currently serve as an advisor to T-Mobile.) By bringing these two wireless carriers under one roof, each company’s already present 5G expertise and network assets will be combined and accelerated, benefiting the American people and our country’s global leadership."

– Robert McDowell, “I’m A Former FCC Commissioner, And I Think The T-Mobile-Sprint Merger Is Great For America," Fortune, 5/7/18

“In addition, businesses and families in these rural communities rarely have the opportunity to choose from more than one or two wireless, broadband or cable providers. However, with the combination of T-Mobile and Sprint, the possibility of more robust competition is becoming a reality. Competition that will be created by having a stronger wireless company providing more rural coverage means a better product at a better price."

Former Senator John Sununu Says T-Mobile And Sprint’s Combined Spectrum Portfolio Will Position It To Rapidly Expand High-Speed Internet Access In The U.S.

“T-Mobile and Sprint have highly complementary spectrum portfolios that will position the combined company to deliver America’s first nationwide 5G network, and press other providers to rapidly invest more in their own 5G networks. 5G will vastly improve high-speed internet access and quality in the United States, particularly in underserved communities where Wi-Fi has struggled to bridge the digital divide. Additionally, faster mobile speeds will accelerate the adoption of internet of things technologies, creating an ecosystem of connected devices to satisfy consumer demand for instant and constant connection."

Former Undersecretary Of State James K. Glassman Says The T-Mobile-Sprint Merger Will Create A Formidable Competitor For Verizon And AT&T

“Competition has given Americans better products, better service, better prices – and a faster-growing economy. But the race to 5G has threatened to become bogged down in complacency. AT&T and Verizon are content with dominating and launching sporadic 5G without a formidable competitor capable of heavy investment in new technology for a broad and deep network. With the merger, all that will change."

– James K. Glassman, “This Merger Can The Provide Competitive Spur To Win The 5G Race," The Daily Caller, 5/3/18

“Wouldn’t it be better for network investment, the market, and consumers to have three strong competitors, rather than two giants, a sort of strong #3, and a weak #4? Can regulators point to any other countries where there are four healthy and profitable national wireless carriers?"

“[But] given important changes in the market’s structure, plus the road ahead from a strategic and financial perspective, the benefits of this proposed combination outweigh the potential downsides."

– Mark Lowenstein, Mobile Ecosystem (May 3, 2018)

Former U.S. Representative Billy Tauzin Says The T-Mobile-Sprint Merger Will Bring 5G To Rural Communities Sooner

“For too long, American communities have been divided by those who do and do not have access to broadband — the digital haves and have-nots. The merger of T-Mobile and Sprint can help change that by bringing 5G to rural America sooner."

Tracey Osborne Oltjen, President And CEO Of The Overland Park Chamber Of Commerce, Says The T-Mobile-Sprint Merger Will Produce Benefits With The Promise Of Expansive Coverage, Especially For Underserved Rural Communities

“The new T-Mobile stands to produce benefits far beyond the Kansas City region with promises of expansive coverage, including in underserved rural communities. With a mix of low-, mid- and high-band spectrum, the new company would be uniquely positioned to develop and deploy a nationwide 5G network. Estimates are that 5G could provide 20 times the speed of 4G. That means you could download 10 movies over 5G in the time it would take to download half of the first movie on 4G."

“My advice to the Department of Justice: Let T-Mobile and Sprint get married. Their children will be capable of things that we can’t do today."

– Joe Madden, Principal Analyst at Mobile Expert (May 29, 2018)

Former Undersecretary Of State James K. Glassman Says A Combined T-Mobile And Sprint Company Will “Have A Powerfully Positive Effect Of The U.S. Economy"

“A competitive spirit is America’s great comparative advantage. But competition has been too limited in communications technology, a sector that affects us all. By introducing a powerful new player with a penchant for pro-consumer disruption onto the scene, the merger of T-Mobile and Sprint will have a powerfully positive effect on the U.S. economy. America has the strongest private sector in the world, but we can’t afford to rest on our laurels. Regulators, policymakers, business leaders – as well as consumers – need to understand what’s at stake with this merger. It’s our best chance to get 5G implemented quickly and broadly, to the benefit of all of us."

– James K. Glassman, " This Merger Can The Provide Competitive Spur To Win The 5G Race," The Daily Caller, 5/3/18

Former U.S. Representative Billy Tauzin Highlights “Rural America Will See The Greatest Benefit," From 5G Technology Which The T-Mobile-Sprint Merger Will Catalyze In The U.S.

“While the promise of 5G is monumental for urban areas, rural America will see the greatest benefit. By expanding broadband access, 5G will help connect rural small businesses with larger markets and allow doctors to remotely treat patients who live hours away. Case in point, Scottsville, Kentucky, has used broadband-enabled telemedicine to connect doctors from Tennessee with local patients. Unfortunately, Scottsville is the exception. More than 19 million rural Americans lack broadband access, and those that don’t often have little or no choice in provider. The reason is simple: it’s costly to lay wired connections and companies are not incentivized to invest."

“I think that T-Mobile and Sprint are aggressive forces in the market and that they are really going to go after the AT&T and the Verizon market with a vengeance, so I know typically in a horizontal merger, prices are expected to rise, but in this case, I think this is the one case where we might see that axiom proven wrong. I know we’re looking at the possibility of having prices actually go down because of their innovative and very aggressive marketing in advertising and business practice and structure."

– Adonis Hoffman, Former Chief of Staff and Senior Legal Advisor, FCC

Boingo CEO Believes New T-Mobile Will Be a Stimulus to the Market

“If this deal gets approved, we believe it will be a strong stimulus to the market and for our business.”

– David Hagan, CEO, Boingo and Chairman of the Executive Board for the Consumer Technology Association

5G is Important for U.S. Economy, Says Senior Nokia Executive

“[T]here’s going to be a lot of businesses that are launched because of 5G. And first, it starts domestically, but then you export globally. So 5G is important not just for the U.S. economy, but also for the ability to export globally.”

– Mike Murphy, CTO North America, Nokia

Ericsson’s North America President Argue for 5G’s Benefit to U.S.

“[O]nce those [5G] capabilities are put in place, the sheer investment, capacity and power of innovation in the U.S. will come up with new types of services and applications that will ride on top of those networks.”

“In the longer term, this deal will make a serious investment in 5G more possible, possibly forcing Verizon and AT&T to invest more as well. Our 5G forecast will grow significantly when this deal closes and the FCC allocates some C-band spectrum.”

“T-Mobile, on the other hand, has had a transformative impact on competitive dynamics in the market. And you’re going to give T-Mobile a much lower cost base. I think that’s good for consumers and prices will head lower.”

– Jonathan Chaplin, U.S. Communications Services Team Head, New Street Research

5G is Critical for U.S., Says Industry Analyst

“It’s hard to argue that 5G is not key to the next five to 10 years…Strategically, if you’re the U.S. and you’re trying to plan industrial policy, this deal makes sense.”

“The adoption of 5G technology in the United States will experience an acceleration if the merger of mobile carriers T-Mobile US and Sprint is approved, according to a recent study by research firm Strategy Analytics. The new report projected that the T-Mobile US-Sprint merger will result in a 17% surge in the uptake of 5G services by 2023.” (June 1, 2018)

United States Hispanic Chamber of Commerce Supports T-Mobile/Sprint Merger’s Benefits to Hispanic Communities

“The USHCC is encouraged by the New T-Mobile’s pledge to invest nearly $40 billion to help modernize our infrastructure and create the first nationwide 5G network. Internet access and broadband connectivity have become basic necessities for small and medium-sized businesses, and 5G technology will pave a new road to innovation and prosperity. This merger is promising for the Hispanic business community in both rural and urban areas, and the USHCC looks forward to the creation of the New T-Mobile.”

– Fernand Fernandez, Interim President and CEO, United States Hispanic Chamber of Commerce

“In the case of the T-Mobile/Sprint merger, the companies combined would have greater resources and a larger customer base not only to better compete against rivals but also to financially support a faster 5G buildout.”

“The combination of T-Mobile and Sprint, creates more viable competition in the marketplace for Americans to access affordable, fast, and ubiquitous broadband service. This merger is in the interest of Americans who want faster internet access and propels us forward on the path to 5G wireless technology in an international innovation race.”

– Grover Norquist, President, Americans for Tax Reform

Citizens Against Government Waste Praise Advantages of T-Mobile/Sprint Merger

“The wireless industry is constantly evolving and changing, and the FCC must look beyond how many large competitors are in the wireless industry. Instead, the agency should focus on the benefits that will be derived from the T-Mobile/Sprint merger, including investments in infrastructure and new networks; how the two companies plan to transition their existing customers into the newly formed entity; the overall economic benefits of the merger; and, how the new company will affect future technology transitions to 5G and beyond.”

– Deborah Collier, Director of Technology and Telecommunications Policy, Citizens Against Government Waste

FreedomWorks Policy Director Argues New T-Mobile Will Be a Strong Competitor

“This merger will make the new T-Mobile a very strong competitor in the broadband market.”

“The proposed deal between the nation’s third- and fourth-largest wireless providers comes at a pivotal time with the industry on the cusp of rolling out next-generation 5G networks. Having already pledged massive new investment in technology and network expansion, the combined company would be better situated to compete with other providers in the “race to 5G” and for consumers generally, pushing the market toward better plans and lower costs.”

– Brandon Arnold, Executive Vice President, National Taxpayers Union

More Than 20 Organizations Petition U.S. Senate to Support T-Mobile/Sprint Merger

“Increased competition among wireless and wireline broadband providers will produce enormous consumer benefits. The industry competitive response is expected to result in as much as a 55 percent decrease in price per GB and a 120 percent increase in cellular data supply for all wireless customers. As a result, Americans will not only benefit from better service, but also by paying lower prices for that improved service. In addition, T-Mobile will launch innovative services to serve business, home, and the IoT markets.”

“The New T-Mobile plans to be competitive in all three of the converging wireless phone service, video entertainment, and in-home broadband internet service industries. Legere believes it can do for the latter two industries what it did for the wireless phone industry. In other words, it can provide consumer-focused services with competitive pricing.”

– Adam Levy, Motley Fool (June 24, 2018)

Chairman of CNP Action Believes Merger Enhances 5G Competition

“Experts say as many as 60 million Americans won’t be able to make the jump to 5G because they are not served by networks that support it. T-Mobile pledges not only to take 5G into rural areas, but to bring real choice in broadband access to areas that never have had it.”

“This surge of investment will produce for consumers as much as a 55 percent reduction in data consumption cost (on a per gigabyte basis) and as much as a 120 percent increase in data capacity. By accelerating 5G construction in the U.S., the merger will help ensure America’s economy and consumers are among the earliest global beneficiaries of 5G’s transformative attributes. This acceleration will help spur the U.S. to win the worldwide race to 5G.”

– Robert McDowell, The Daily Signal (June 27, 2018)

Former Rep. Waxman in Morning Consult Op-Ed: “The T-Mobile/Sprint Merger is a Win for Consumers

“The merger will expand T-Mobile’s reach. Many people in communities across America must choose between AT&T and Verizon — if they have any real choice at all. In fact, the Federal Communications Commission reports that nearly 10 million rural Americans lack access to at least three LTE providers. The New T-Mobile will be better positioned to compete in these markets, particularly in rural America. The combined company expects to be able to deliver high-speed, in-home broadband service to approximately 52 million rural residents, more than 84 percent of all rural residents.”

– Henry Waxman, Morning Consult (June 27, 2018)

Op-Ed: New T-Mobile Will Fuel Next Generation 5G Networks and Benefit Prepaid Customers

“I can’t think of a better company than T-Mobile to take up this challenge. My company, Cell Nation, has worked with T-Mobile, through its subsidiary MetroPCS, since 2008. When T-Mobile merged with MetroPCS in 2012, it made sure that prepaid customers would not be left behind as they rolled out its advanced 4G LTE network. In that time, T-Mobile grew MetroPCS from a smaller regional player into a national brand powering more than 15 million devices, many in rural areas far beyond the cities that MetroPCS was once limited to.

I have no doubt that the New T-Mobile will make sure that prepaid customers are included in the 5G revolution. With nearly $40 billion of network and business investment for 5G planned for the first three years, MetroPCS customers will have access to a stronger 5G network earlier, and the market for 5G prepaid services will start out with a fierce competitor with the combined resources of two mavericks. With the New T-Mobile, we can look forward to providing our customers access to advanced 5G devices on terms and at prices that they can afford, and on a strong nationwide network that can compete with the biggest out there.”

– Michael Dunn, COO of Cell Nation (Multichannel News, July 6, 2018)

Forbes Op-Ed: Why The Merger Of T-Mobile And Sprint Is A Great Idea

“The combination of T-Mobile and Sprint will play an important role in realizing the enormous potential of 5G and in furthering disruptive innovation throughout the rapidly converging digital ecosystem. The absorption of a struggling Sprint by the unfailingly frisky and aggressively competitive T-Mobile will yield a stronger entity that is stout enough to take on the range of new competitors vying for customers in this space.”

“When the Department of Justice, the Federal Communications Commission and the Congress review the proposed merger, they should thoughtfully and thoroughly consider the long-term competitive impact, not only the immediate competitive impact. If they do, they should see that three strong competitors of roughly equal size will better serve the public interest. The proposed T-Mobile-Sprint merger is pro-competitive, not anti-competitive.”

– Colin Hanna, President, Let Freedom Ring USA Inc. (July 9, 2018)

Op-Ed: A better way to look at the wireless market (Reality Check)

“The investment from a merged T-Mobile and Sprint would drive AT&T and Verizon to deploy more capital faster to keep up. All of this is good for the U.S. and its consumers, and not available without the merger.” … “Since the proposed T-Mobile-Sprint merger was announced in late April, some pundits have expressed concern that a combination of the two firms could stifle business competition because it reduces the number of national U.S. wireless carriers from four to three. The reality, though, is that the wireless market is significantly bigger than four (or three) wireless telecommunications companies, and, rather than limiting competition, the merger will encourage it.” … “As we move towards a 5G-enabled world and continue our reliance on mobile devices, how we judge the competitive landscape needs to change and expand. This means understanding that AT&T, Verizon, Sprint and T-Mobile aren’t just contending with each other anymore. There are multiple industries and various players jockeying for position in the wireless world.”

– Alex Gellman, CEO of Vertical Bridge (RCR Wireless, June 26, 2018)

T-Mobile and Sprint Say They Need to Merge to Compete in 5G Race

Despite recent strong growth, however, neither company currently has the scale to build out 5G in a timely manner on their own, according to Gartner analyst Mark Hung. The resources required to complete the transition are expected to dwarf what was needed for the previous upgrade to 4G, he said. … “The transition to 5G will be very resource-intensive, from both a technology and financial perspective,” Hung said in an email. “It will be a significant undertaking for any mobile operator, even those who are on a solid financial footing. For the smaller players, the move to 5G will either take longer or require a pooling of resources.”

– Mark Hung, Gartner (Adweek, June 20, 2018)

Kagan: A reality check for the Sprint and T-Mobile FCC merger application

“The choice is a powerful three-player industry, or we can have two strong and two weak players. From that perspective, it makes sense to let T-Mobile and Sprint merge." … " Should they be approved to merge? It’s still too early to say, but one reason to give the green light is to enable the companies to transform in the 5G world and continue to be a player. Without the merger, both Sprint and T-Mobile appear to be weaker going forward."

– Jeff Kagan, KAGAN (RCR Wireless, June 28, 2018)

Analyst Angle: Why the merger of T-Mobile and Sprint will succeed this time

“We think the past objections of US regulators have been mainly countered by the expanded reach of 5G technologies that enable a broader field of competition and the march of time that has swept up market forces to reshape the competition to include cable operators. While this change is in early stages, the scope and economic significance lead to the conclusion that the fourth leg of competition is already emerging in the converging ICT, Information and Communications Technologies, marketplace to the extent that both the Department of Justice and FCC’s prior objections are so obviously outdated that they will not stand."

– Robert Syputa, Maravedis LLC (RCR Wireless, April 20, 2018)

Should regulators approve T-Mobile and Sprint merger?

“If they don’t merge, as the industry moves ahead into the new 5G future, the industry would have four competitors. Two strong and two weak. AT&T and Verizon compared to T-Mobile and Sprint. If they do merge, the industry will have three competitors, but they would all be strong. I know regulators would prefer to have four competitors. That made sense five or ten years ago when the wireless industry was a different place." … " We need as many viable competitors as we can get going forward." … " Three strong companies are better than two strong and two weak competitors. That makes the most sense for the industry." … " Today, there are also more competitors, and even more are joining. Google Project Fi and Comcast Xfinity Mobile are already in the marketplace. Next will be Charter Spectrum Mobile and next year Altice Mobile. Plus, I expect even more companies will enter this space. So, the wireless industry is strong and getting stronger all the time. And we want to continue to have all the competitors actively battling in the marketplace. Throwing a wrench into the mix is not in anyone’s best interest."

“In the U.S. in 1996, there were 18 players providing mobile services. In 2018, we have the big four: Verizon, AT&T, T-Mobile and Sprint. Market dynamics are pushing the industry toward three. The routes a country might take to the competitive equilibrium might be different, but most often they settle down to three. Additionally, it is not just the number of operators that matter in the market, it is the right proportions of concentration and market share. Furthermore, market architecture has changed, so the tools we use to analyze competition would benefit from a complete rethink. If we don’t change the regulatory frameworks, we risk market failures."

“The spectrum and capacity position of the New T-Mobile enables the company to keep up with AT&T and Verizon, and also opens up new business opportunities that will benefit consumers." … “With an improved capacity situation, one could envision the New T-Mobile and other wireless operators creating a more attractive wholesale business, which would encourage innovative business models and new types of offerings to consumers."

Bipartisan State Attorneys General Argue T-Mobile/Sprint Combination Will Benefit U.S. Consumers

“Based on our review of the proposed T-Mobile-Sprint transaction, we believe it will benefit consumers in our states—and the country at large—in critical ways. In particular, the combination will create a robust, nationwide 5G network that will greatly improve the lives of underserved Americans in rural areas, stimulate economic growth through investment and job creation, and increase competition in the converging internet market for mobile internet."

– Hector Balderas, Democratic Attorney General of New Mexico, and Sean Reyes, Republican Attorney General of Utah (July 10, 2018)

Chairman of The Latino Coalition: T-Mobile/Sprint will improve the business environment for Latinos

The New T-Mobile promises to help ensure that the opportunity for upward economic mobility that comes with business ownership is accessible to all Latinos in the United States by creating new opportunities for entrepreneurship and innovation, helping expand the reach of existing Hispanic businesses and supporting their operations. This will measurably improve the business environment for Latinos and create wealth for this growing segment of the population, to the benefit of the American economy.

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SHOW YOUR SUPPORT FOR 5G FOR ALL

The 5G revolution is on the horizon and global tech leadership is at stake. A new kind of company is required to ensure American leadership in 5G and drive competition in this rapidly changing digital era.

Only the New T-Mobile can quickly deliver nationwide 5G to disrupt the status quo, truly accelerate innovation and increase competition in a converging world. As a larger, stronger, better-scaled competitor, the New T-Mobile will deliver lower prices, better service and new disruptive offerings to more consumers across the U.S., while creating thousands of jobs and bringing real wireless choices and mobile broadband competition to rural Americans for the first time.

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Important Additional Information In connection with the proposed transaction, T-Mobile US, Inc. (“T-Mobile”) has filed a registration statement on Form S-4 (File No. 333-226435), which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on October 29, 2018, and which contains a joint consent solicitation statement of T-Mobile and Sprint Corporation (“Sprint”), that also constitutes a prospectus of T-Mobile (the “joint consent solicitation statement/prospectus”), and each party will file other documents regarding the proposed transaction with the SEC. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE JOINT CONSENT SOLICITATION STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. The documents filed by T-Mobile may be obtained free of charge at T-Mobile’s website, at www.t-mobile.com, or at the SEC’s website, at www.sec.gov, or from T-Mobile by requesting them by mail at T-Mobile US, Inc., Investor Relations, 1 Park Avenue, 14th Floor, New York, NY 10016, or by telephone at 212-358-3210. The documents filed by Sprint may be obtained free of charge at Sprint’s website, at www.sprint.com, or at the SEC’s website, at www.sec.gov, or from Sprint by requesting them by mail at Sprint Corporation, Shareholder Relations, 6200 Sprint Parkway, Mailstop KSOPHF0302-3B679, Overland Park, Kansas 66251, or by telephone at 913-794-1091.

No Offer or SolicitationThis communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.

Cautionary Statement Regarding Forward-Looking Statements This communication contains certain forward-looking statements concerning T-Mobile, Sprint and the proposed transaction between T-Mobile and Sprint. All statements other than statements of fact, including information concerning future results, are forward-looking statements. These forward-looking statements are generally identified by the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “could” or similar expressions. Such forward-looking statements include, but are not limited to, statements about the benefits of the proposed transaction, including anticipated future financial and operating results, synergies, accretion and growth rates, T-Mobile’s, Sprint’s and the combined company’s plans, objectives, expectations and intentions, and the expected timing of completion of the proposed transaction. There are several factors which could cause actual plans and results to differ materially from those expressed or implied in forward-looking statements. Such factors include, but are not limited to, the failure to obtain, or delays in obtaining, required regulatory approvals, and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the proposed transaction, or the failure to satisfy any of the other conditions to the proposed transaction on a timely basis or at all; the occurrence of events that may give rise to a right of one or both of the parties to terminate the business combination agreement; adverse effects on the market price of T-Mobile’s or Sprint’s common stock and on T-Mobile’s or Sprint’s operating results because of a failure to complete the proposed transaction in the anticipated timeframe or at all; inability to obtain the financing contemplated to be obtained in connection with the proposed transaction on the expected terms or timing or at all; the ability of T-Mobile, Sprint and the combined company to make payments on debt or to repay existing or future indebtedness when due or to comply with the covenants contained therein; adverse changes in the ratings of T-Mobile’s or Sprint’s debt securities or adverse conditions in the credit markets; negative effects of the announcement, pendency or consummation of the transaction on the market price of T-Mobile’s or Sprint’s common stock and on T-Mobile’s or Sprint’s operating results, including as a result of changes in key customer, supplier, employee or other business relationships; significant transaction costs, including financing costs, and unknown liabilities; failure to realize the expected benefits and synergies of the proposed transaction in the expected timeframes or at all; costs or difficulties related to the integration of Sprint’s network and operations into T-Mobile; the risk of litigation or regulatory actions; the inability of T-Mobile, Sprint or the combined company to retain and hire key personnel; the risk that certain contractual restrictions contained in the business combination agreement during the pendency of the proposed transaction could adversely affect T-Mobile’s or Sprint’s ability to pursue business opportunities or strategic transactions; effects of changes in the regulatory environment in which T-Mobile and Sprint operate; changes in global, political, economic, business, competitive and market conditions; changes in tax and other laws and regulations; and other risks and uncertainties detailed in the Form S-4, as well as in T-Mobile’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018 and in its subsequent reports on Form 10-Q, including in the sections thereof captioned “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements,” as well as in its subsequent reports on Form 8-K, all of which are filed with the SEC and available at www.sec.gov and www.t-mobile.com, and in Sprint’s Annual Report on Form 10-K for the fiscal year ended March 31, 2018 and in its subsequent reports on Form 10-Q, including in the sections thereof captioned “Risk Factors” and “MD&A — Forward-Looking Statements,” as well as in its subsequent reports on Form 8-K, all of which are filed with the SEC and available at www.sec.gov and www.sprint.com. Forward-looking statements are based on current expectations and assumptions, which are subject to risks and uncertainties that may cause actual results to differ materially from those expressed in or implied by such forward-looking statements. Given these risks and uncertainties, persons reading this communication are cautioned not to place undue reliance on such forward-looking statements. T-Mobile and Sprint assume no obligation to update or revise the information contained in this communication (whether as a result of new information, future events or otherwise), except as required by applicable law.